News in Brief (January 15, 1990)
Coin Lake Mines has changed its name to United Coin Lake Gold Mines (UCM:TSE) on a 1-new- for-2-old-share basis. Transfer agent is Central Guaranty Trust Company.
Articles by Northern Miner Staff
Coral cuts deal with Amax
Funding for further development and exploration of the Robertson gold property in Lander Cty., Nev., owned by Coral Gold (TSE), appears to be close at hand. Amax Gold (NYSE) has signed a letter of int…
Northfield completes private placements (January 15, 1990)
Toronto-based Northfield Minerals (ASE) says a private placement of 250,000 common shares to affiliate Northfield Capital (COATS) was completed recently. According to Northfield Minerals, it has raise…
Photo by George Onuska (January 15, 1990)
Head table guests at the annual dinner of the Canadian Mining Hall of Fame were, from left, Lionel Kilburn, Richard Gardner, Norman Keevil Jr., Viola MacMillan, Maurice Brown, Robert Ginn and John Laf…
Editorial Inspiration from the past
It is highly appropriate that Norman Keevil Jr. took the opportunity of addressing the Canadian Mining Hall of Fame’s annual induction banquet to announce Teck Corp.’s intention to stimulate research …
Insider Trading Geddes Chairman sells shares as Windy Craggy
Geddes Resources’ (TSE) Chairman Geddes Webster recently took advantage of some of the speculation surrounding the company’s Windy Craggy copper project in northern British Columbia. After exercising …
Santa Fe boosts reserves at Rabbit Creek
A significant increase in gold reserves was announced by Santa Fe Pacific Minerals, a unit of Santa Fe Southern Pacific (NYSE), for its 100% owned Rabbit Creek gold mine project, 35 miles northeast of…
Deep drilling planned for Fontana
A deep drilling project, costing about $500,000, is planned for the Fontana property in Duverney Twp., Que., says Jean Depatie, president of Bay Resources & Services (ASE) and Stratmin (ME), the major…
McAdam has funds for Spud Valley work
Toronto-based McAdam Resources (TSE) has secured $200,000 in flow-through funding to continue exploration work at its Spud Valley gold property on Vancouver Island, B.C. The $200,000 is being raised b…
Aurizon drills expand zone on Connell Corner property
While it has yet to ignite much investor interest, the first phase of diamond drilling was completed recently on Aurizon Mines (TSE) Connell Corner base metal property near Val d’Or, Que. The Connell …
COATS (over-the-counter) Gold shares gain
Junior gold issues took on a little sparkle during the week ended Jan. 9 with several stocks making modest gains after a period of dull performance. Carolin Mines, which is exploring the old Ladner Cr…
Lixor listed on ME
Junior mining company Lixor (ME) was recently listed for trading on the Montreal Exchange. Head office of the company, incorporated in August, 1989, is in St-Eustache, Que. Holdings of the company inc…